Kernex Microsystems India Ltd consortium receives LOA for order worth Rs. 325.33 crores

South Eastern Railways, Kolkata has issued a letter of Acceptance (LOA) to KERNEX-MRT CONSORTIUM for the project viz, Supply, Installation, Testing &Commissioning of Kavach on GO & GO routes (688RKM) including associated works on section of Kharagpur & Chakradharpur division of South Eastern Railway (Tender No. ST_P _SER_KAVACH_GD_GO_6 100620580124295) ("Project")

The accepted Bid cost for the project is Rs. 325.33 Crores (Incl. of GST)

The Completion period is 1,000 days from the apPointed date.

Shares of Kernex Microsystems (India) Limited was last trading in BSE at Rs. 852.50 as compared to the previous close of Rs. 814.05. The total number of shares traded during the day was 7765 in over 241 trades.

The stock hit an intraday high of Rs. 854.75 and intraday low of 824.00. The net turnover during the day was Rs. 6592667.00.

Source : Equity Bulls

Keywords

KernexMicrosystemsIndia INE202H01019 OrderWin LOA SouthEasternRailways